What happens when the money supply grows too slowly or too quickly? From gold-standard deflation to QE-driven inflation and inequality, we trace the lessons of monetary history, and what we can do today to protect ourselves in an age of infinite money. Topics covered include: Show Notes Distribution of Household Wealth in the U.S. since 1989—The Federal Reserve M2 (M2SL)—FRED Good Versus Bad Deflation: Lesson from the Gold Standard Era by Michael D. Bordo, John … [Read more...]
409: What Is the IMF and Why Is It Controversial?
How the International Monetary Fund, the world's economic firefighter, works for global monetary cooperation and prosperity while using its own made-up currency, the SDR. Topics covered include: Show Notes Creation of the Bretton Woods System, July 1944—Federal Reserve History The World Bank International Monetary Fund Sterling devalued and the IMF loan—Cabinet Papers, The National Archive Total IMF Credit Outstanding, Movement From November 01, 2022 to November 07, … [Read more...]
